I had similar apprehensions about EWSI a few months back (look at my posting history for proof). I thought EWSI was a scam because they seemingly didn't pass my smell test. I went as far as cashing out and moving on to another stock BUT kept my eye on EWSI. Lo and behold, EWSI was making moves and I got back in to make a nice (and relatively HUGE) profit last Q.
All I can suggest is to reach out to the company to pose your questions and be opened to what they tell you. A healthy level of skepticism is needed but also being opened to what the company says is needed as well.
There is always a chance that you can get burned due to the company going under...part of the risk. In saying that, EWSI are making moves and it may not always be crystal clear and pain-free but in the end, it will be worth it.
I can give you a laundry list of WTFs I have with some companies, including EWSI but at the end of the day, what I know about EWSI from their history among other things make me hang in there.
Compose your list of questions and shoot them off to IR@eWasteSystems.com. Be respectful and open and I am sure you will get answers.
Trade Smart!
1. Take profit on the ASK side in manageable blocks.
2. Fight the urge to BID whack which crashes share price.
4. Flippers, exit ASK side in manageable blocks.
